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To: N. Dixon who wrote (24246)9/3/2018 8:22:30 AM
From: davegreen2 Recommendations

Recommended By
DashernComet
poccidenarri

  Read Replies (1) | Respond to of 50057
 
Oh, I see your point now ND. Very interesting. That's just a different investment approach than I have taken. although I have waited a few days or even weeks to buy a security at a lower entry point. I've just never wanted one of my investments to decline for 20-25 years while accumulating on a monthly basis all those many years.

One of the potential downsides to such an approach over a long period of time is that one loses the significant benefit of compounding, and essentially ignores the time value of money - interrelated concepts under appreciated by many investors.

Caveat Emptor